Low expectations of increased oil production in Libya any time soon, from the Fuse:
http://www.energyfuse.org/libyas-oil-wealth-in-isis-crosshairs/#.VqFJgVIlO-F.twitter
“The way that ISIS has attacked Libyan oil facilities over the past year tells us much about their intentions. For some time now it’s been clear that ISIS is intent on destroying Libyan oil assets rather than taking them over, as they have in Iraq and Syria. Proof of this is the fact that the group has only sent small teams to attack facilities, most of which—with the exception of the recently attacked main terminals—were poorly defended. Not once have they launched an assault big enough to capture, hold and operate a facility. This strategy makes sense given the limited manpower the group has and Libya’s challenging geography. As of now, ISIS in Libya is believed to have 2,000-3,000 fighters. That’s not much when you consider the amount of territory they control in and around Sirte and recent efforts to expand their influence eastward.”
Leave a Reply